Updated Mar 18, 2020 - Economy & Business

Market volatility persists as S&P 500 sinks 5% amid coronavirus fears

Photo: Spencer Platt/Getty Images

Stocks closed down more than 5% on Wednesday after a volatile day that saw trading halt for the fourth time this month amid novel coronavirus concerns.

Why it matters: Stocks swung lower as the White House unveiled its stimulus plan, before recovering some ground. The S&P 500 is 29% below its February record-high.

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Stock market tumbles as coronavirus stimulus hangs in limbo

Exterior of the New York Stock Exchange, which closed the trading floor today. Photo: Angela Weiss via AFP

Stocks closed down about 3% on Monday, though they finished above the lowest levels of the day.

By the numbers: The S&P 500 joined the Dow in shedding all the gains since President Trump's inauguration in 2017, a nod to how steep the market drop has been in an extremely short period of time.

Go deeperArrowUpdated Mar 23, 2020 - Economy & Business

Stocks rebound after Wall Street’s worst day since 1987

Photo: Bryan R. Smith/AFP via Getty Images

Stocks closed up more than 9% on Friday, following the stock market's worst day in 30 years.

Why it matters: Stocks jumped during Trump's coronavirus press conference, ending Wall Street's wild week with its best single-day performance since the financial crisis.

Go deeperArrowUpdated Mar 13, 2020 - Economy & Business

Trading halted as U.S. stocks plummet

Traders work the floor of the New York Stock Exchange. Photo: David Dee Delgado/Getty Images

The stock market fell as much as 7% on Monday morning — a decline so steep that trading was halted for 15 minutes.

Why it matters: The massive sell-off points to Wall Street's anxiety about the global economy. The steep declines come as Saudi Arabia launched an oil price war against Russia over the weekend, while the coronavirus outbreak worsened.